
Pumpjacks above oil wells in the Bakken Formation in North Dakota. (Source: Stephen Collector/Hart Energy)
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Pioneer Completes Parsley Energy Acquisition through All-stock Merger
The all-stock acquisition of Parsley Energy valued at over $7 billion gives Pioneer Natural Resources combined control of nearly 1 million acres across the Permian Basin with positions in both the Delaware and Midland sub-basins.
Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator
Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.
Devon Completes ‘Merger of Equals’ Transaction with WPX Energy
The combined company will operate under the name Devon Energy with a premium acreage position in the economic core of the Delaware Basin.